88% of organizations are deploying AI. 25% have board-level policies governing that deployment. The remaining 63% are not underprepared. They are exposed.
AI-related securities class actions doubled in 2024. The first half of 2025 produced 12 filings. The legal theory is Caremark: directors breached fiduciary duty by failing to establish AI oversight controls. The SEC's 2026 examination priorities name AI governance explicitly, requiring documented inventories, risk classifications, and model lifecycle controls.
Two-thirds of board directors report limited or no knowledge of AI. 42% of those using AI to support board work are running consumer-grade tools, uploading documents with no data classification review.
The regulator sees a governance failure. The board sees a technology question. Those are not the same exposure.
AI-related securities class actions doubled in 2024. The first half of 2025 produced 12 filings. The legal theory is Caremark: directors breached fiduciary duty by failing to establish AI oversight controls. The SEC's 2026 examination priorities name AI governance explicitly, requiring documented inventories, risk classifications, and model lifecycle controls.
Two-thirds of board directors report limited or no knowledge of AI. 42% of those using AI to support board work are running consumer-grade tools, uploading documents with no data classification review.
The regulator sees a governance failure. The board sees a technology question. Those are not the same exposure.